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Economic News

Mali, Burkina Faso: CFAF 1,000 billion spent by Ivorian oil companies

While Côte d'Ivoire is self-sufficient in petroleum products, with national production of 4.84 million tonnes in 2023 for local consumption of 2.79 million tonnes, representing 58% of its production, this is not the case for Mali and Burkina Faso...

Published on Oct 03, 2024

ARISE IIP Secures Major $443 Million Investment for Pan-African Expansion

ARISE IIP is thrilled to announce a significant fundraising achievement of $443 million, which includes a strategic investment of $300 million from the Fund for Export Development in Africa (FEDA), the investment fund of the African Export-I...

Published on Oct 02, 2024

New Fuel Prices in Côte d'Ivoire for October 2024

The Ivorian government, through the Ministry of Mines, Petroleum, and Energy, has announced the maximum retail prices for petroleum products applicable nationwide for the period from October 1 to October 31, 2024. This price revision primarily concerns unleaded gasoline, kerosene,...

Published on Oct 01, 2024

2024-2025 Coffee and Cocoa Marketing Campaign: Coffee Set at 1,500 FCFA, Cocoa at 1,800 FCFA

The Ivorian government has set the farm gate price for the 2024-2025 coffee and cocoa marketing season at 1,500 FCFA per kilogram for coffee and 1,800 FCFA per kilogram for cocoa. This announcement was made by the Minister of Agriculture, Rural Development, and Food Production, Kobenan Kouassi Adjoumani, at the conclusion of the National Cocoa a...

Published on Oct 01, 2024

Ivory Coast Highlights Energy Progress at New York Roundtable on West Africa’s Power Solutions

During a roundtable discussion organized by Power Africa and the Millennium Challenge Corporation (MCC) on September 24, 2024, in New York, Ivory Coast’s Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, showcased the country...

Published on Oct 01, 2024

Port of Amsterdam Engages with Ivorian Prime Minister's Office on Sustainable Cocoa Strategy

Last Friday, the Embassy of the Netherlands, represented by Biljana Dabo, Economic Cooperation Advisor, hosted a delegation from the Port of Amsterdam led by Jaïr de Paauw, Cocoa Commercial Manager, and Marcel Stappers, Commercial Director for Wes...

Published on Sep 30, 2024

Côte d’Ivoire: Government Announces 2025 Budget Project of 15,339.2 Billion CFA Francs

The Ivorian government has unveiled its proposed national budget for the year 2025, amounting to 15,339.2 billion CFA francs, compared to 13,720.7 billion CFA francs in 2024. This marks an increase of 11.8%, as announced by government spokesperson Amad...

Published on Sep 30, 2024

JNCC 2024: Minister Kobenan Kouassi Adjoumani Presents Achievements and Challenges in the Cocoa Sector

Kobenan Kouassi Adjoumani, the Minister of Agriculture, Rural Development, and Food Production, presented the achievements and challenges related to the development of the cocoa sector during the 9th edition of the National Cocoa and Chocolate Day (JNC...

Published on Sep 30, 2024

Capacity Building Workshop on Digital Marketing for Women and Youth

From September 25-26, 2024, the CNZLECAf CI, with financial support from EU-TAF for the AfCFTA, proudly organized a workshop dedicated to empowering women and youth with essential skills in digital marketing to enhance their activities and careers. Published on Sep 28, 2024

Challenges to Youth and Women's Employability in the UEMOA Region Highlighted by Prime Minister Robert Beugré Mambé

Minister of Technical Education, Vocational Training, and Apprenticeship, Koffi N'Guessan, received accolades from Mamadu Serifo Jaquite, the Commissioner for Human Development at UEMOA, for his adept handling of...

Published on Sep 28, 2024

Agro-Industry: A Vegetable Storage and Processing Plant Announced for Bélier Region's Agro-Park

On September 25, 2024, in Tiébissou, Côte d'Ivoire's Minister of Agriculture, Kobenan Kouassi Adjoumani, announced the construction of a vegetable storage, processing, and packaging plant in Bé...

Published on Sep 26, 2024

The African Venture Philanthropy Alliance (AVPA) Announces the Catalytic Pooled Fund to Expand Social Financing in Africa

The Children’s Investment Fund Foundation (CIFF) in partnership with Prosper Africa, and in support of the African Venture Philanthropy Alliance (AVPA) is proud to announce the Catalytic Pooled...

Published on Sep 26, 2024